LinkedIn shares hit a staggering $122.70 today on the New York Stock Exchange before sliding back a little. The frenzy to buy the newly available stock has made analysts nervous.
Toronto Centre MP Bob Rae says he doesn’t want to be party leader, but maybe he’d accept interim party leader. This was the gist of Mr Rae’s remarks on a conference call today with supporters. He is quoted as saying he would not run a third time for leader of the party. But, it’s suggested, the interim job is a “substantial one” that will give the person in that position nearly two years to reshape the party. Stay tuned.
Police have charged a young offender after a shooting with a pellet handgun at Marc Garneau Collegiate on Overlea Blvd. Wednesday. They said a student was grazed by a shot from the gun after which the accused was arrested without incident.
The privatization of trash collection west of Yonge street will have a positive effect on all garbage pickup, east and west. That includes South Bayview and areas around it. With private collection to the west, it will be much less likely that city workers to the east will cause a work stoppage. But even if they do, the presence of private collection in place to the west will be a distinct advantage to homeowners. It will be possible for example to simply move your garbage to a pickup point on the other side of Yonge St and have it removed immediately. No more garbage piles in the parks. It remains to be seen how the new system will work but it seems to offer a chance for more efficient and functional garbage collection. The vote incidentally was 32 to 13 in favour.
In what some are calling a defensive move, Canadian Tire has said it will jump into the large appliance market. It’s a quantum leap away from its core business which seems to suggest a desire by CTC to end run many of the big U.S. competitors moving to Canada. Refrigerators, stoves and dishwashers will begin to appear at CTC by the end of 2012. The retailer said it tested large appliances in some stores and received mostly positive feedback from customers. The move would place Canadian Tire in segment competition with home-improvement retailers Home Depot, Lowes, and Rona, Sears and The Bay